Corporation Seeks to Buy 100,000 sq.m. Land Plot Near Pleven

21.03.2007

The Spanish consortium Green Fuel is ready to invest EUR 70 million in the construction of a bio-fuel plant near the town of Pleven. This was made clear after the meeting held last week between the Green Fuel president and the Pleven's mayor Naiden Zelenogorski. According to the investment project of the Spanish company the new plant will have annual production capacity of 110 000 tons of bio-diesel and 250,000 tons of oil. In order to develop the project the company needs to find a 100,000 sq.m. land plot near Pleven. Green Fuel Corporation has 7 branch office in Spain.
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